Annual Report - QuamIR

Notes to the Consolidated Financial Statements (Continued)
36 Borrowings – Group (Continued)
36
(a)
At 31 December 2011, the Group’s bank borrowings and other
loans were repayable as follows:
(a)
Secured bank borrowings Unsecured other loans Total
2011 2010 2011 2010 2011 2010
HK$ Million HK$ Million HK$ Million HK$ Million HK$ Million HK$ Million
Within one year 684.8 672.1* 39.9 62.8 724.7 734.9
In the second year 505.7 276.1 20.8 20.0 526.5 296.1
In the third to fifth year 672.6 746.3 26.6 40.5 699.2 786.8
After the fifth year 1,277.5 1,440.9 6.8 11.5 1,284.3 1,452.4
3,140.6 3,135.4 94.1 134.8 3,234.7 3,270.2
* Included in the balance was an amount of HK$192.5 million
which was classified as short term liability (irrespective of its
repayment schedules stipulated in the loan agreements), as the
loan agreements include a repayment on demand clause. This is to
comply with Hong Kong Interpretation 5 “Presentation of financial
statements – classification by the borrower of a term loan that
contains a repayment on demand clause”.
* 192,500,000
5
Bank borrowings Other loans Total
2011 2010 2011 2010 2011 2010
HK$ Million HK$ Million HK$ Million HK$ Million HK$ Million HK$ Million
Wholly repayable within five years 936.3 877.1 – 42.8 936.3 919.9
Wholly repayable after five years 2,204.3 2,258.3 94.1 92.0 2,298.4 2,350.3
3,140.6 3,135.4 94.1 134.8 3,234.7 3,270.2
(b)
The exposure of the Group’s borrowings to interest rate changes
and the contractual repricing dates at the end of the reporting
year are as follows:
(b)
2011 2010
HK$ Million HK$ Million
6 months or less 6 3,221.1 3,146.0
6–12 months 612 509.8 536.4
3,730.9 3,682.4
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